Liz Young

My name is Liz Young. I'm a reporter at The Wall Street Journal, and I cover supply chain and logistics.

My name is Liz Young. I'm a reporter at The Wall Street Journal, and I cover supply chain and logistics.

My name is Liz Young. I'm a reporter at The Wall Street Journal, and I cover supply chain and logistics.

It's a phrase that comes from Latin that essentially means it's of little value. So many countries around the world have these de minimis trade provisions. And in essence, it means it's not worth the government's time to collect de tariffs on small goods. You know, it's just not that much money that they're going to get from the process. So in the U.S., the provision dates to 1938.

It's a phrase that comes from Latin that essentially means it's of little value. So many countries around the world have these de minimis trade provisions. And in essence, it means it's not worth the government's time to collect de tariffs on small goods. You know, it's just not that much money that they're going to get from the process. So in the U.S., the provision dates to 1938.

It's a phrase that comes from Latin that essentially means it's of little value. So many countries around the world have these de minimis trade provisions. And in essence, it means it's not worth the government's time to collect de tariffs on small goods. You know, it's just not that much money that they're going to get from the process. So in the U.S., the provision dates to 1938.

It was originally aimed at helping Americans bring back little like souvenirs and things from traveling abroad. I believe it started at a dollar back then, and it's been increased several times over the years, most recently from $200 in 2016 to $800.

It was originally aimed at helping Americans bring back little like souvenirs and things from traveling abroad. I believe it started at a dollar back then, and it's been increased several times over the years, most recently from $200 in 2016 to $800.

It was originally aimed at helping Americans bring back little like souvenirs and things from traveling abroad. I believe it started at a dollar back then, and it's been increased several times over the years, most recently from $200 in 2016 to $800.

So over the past decade, we've seen usage of this skyrocket. I mean, it is absolutely swelled. And that has been driven by Chinese-based or Chinese-founded sellers who are shipping parcels directly to consumers in the U.S. from China. So the most popular of these, of course, being Shein and Timu. Hey guys, here's a summer Shein haul.

So over the past decade, we've seen usage of this skyrocket. I mean, it is absolutely swelled. And that has been driven by Chinese-based or Chinese-founded sellers who are shipping parcels directly to consumers in the U.S. from China. So the most popular of these, of course, being Shein and Timu. Hey guys, here's a summer Shein haul.

So over the past decade, we've seen usage of this skyrocket. I mean, it is absolutely swelled. And that has been driven by Chinese-based or Chinese-founded sellers who are shipping parcels directly to consumers in the U.S. from China. So the most popular of these, of course, being Shein and Timu. Hey guys, here's a summer Shein haul.

They sell fast fashion apparel. They sell little tchotchke-type goods of all kinds. Top is so freaking cute. Um, hello? I'm buying this right now. Okay, bro, can I have these two phone cases? Because I don't really like my phone case.

They sell fast fashion apparel. They sell little tchotchke-type goods of all kinds. Top is so freaking cute. Um, hello? I'm buying this right now. Okay, bro, can I have these two phone cases? Because I don't really like my phone case.

They sell fast fashion apparel. They sell little tchotchke-type goods of all kinds. Top is so freaking cute. Um, hello? I'm buying this right now. Okay, bro, can I have these two phone cases? Because I don't really like my phone case.

Sheena's my new favorite store. Often coming directly from China to U.S. shoppers. And that's been something that, you know, has really pushed up the volume of these packages. We went from 400 million of these entering the U.S. in 2018 to 1.36 billion last year.

Sheena's my new favorite store. Often coming directly from China to U.S. shoppers. And that's been something that, you know, has really pushed up the volume of these packages. We went from 400 million of these entering the U.S. in 2018 to 1.36 billion last year.

Sheena's my new favorite store. Often coming directly from China to U.S. shoppers. And that's been something that, you know, has really pushed up the volume of these packages. We went from 400 million of these entering the U.S. in 2018 to 1.36 billion last year.

Sheehan's revenue last year had grown 19% over the year before to $38 billion, but that was less than the increases of the previous few years where it had grown 40% year over year. Teemu, we're looking at something similar. Their most recent quarterly report showed that revenue had climbed 24%, but that was their slowest pace of growth again since 2022.

Sheehan's revenue last year had grown 19% over the year before to $38 billion, but that was less than the increases of the previous few years where it had grown 40% year over year. Teemu, we're looking at something similar. Their most recent quarterly report showed that revenue had climbed 24%, but that was their slowest pace of growth again since 2022.